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Sorry guys, I can't bold my text here, no time, so read my comments in the body,.
Shap: I hope you are getting all of the benefits of being the iBill Marketing Director. Do they have a 401K?
It is beyond belief that you are doing this all of your own accord; rather you must be getting a monetary benefit or some form of compensation. As iBill won?t come on these boards, they must have hired you to market for them. Great Job! Maybe I?m wrong, but it sure seems strange that you are this attached to this issue, unless you have a Fatal Attraction-thing going on with those guys.
Now, point-by-point, allow me to retort?.
Yesterday there was a discussion about the cons to having your own Merchant Account. How about a discussion regarding the benefits?
Paycom pointed out that effectively running a PPS program on a Merchant account would be near impossible. Impossible to comply with MC regulations. While this may be true, truth is the majority all PPS programs are already using Paycom. Why? Because paycom gives them the tools to make the most out of their surfer (ie pre-selected cross sells). Right, we give tools, use expertise and many other things. Some of them are cross sells, but I say again: There is not one single thing wrong with a cross sell and our ratios would be below card association guidelines if we did not have pre-checked. You are banging on this issue every chance you get. Why do you care? Your assumptions on risk, disclosure, honesty is all incorrect. Which would lead to the questions 'if paycom is cautioning about how tough it is to stay compliant with MC and they have all these large high risk pps programs running pre-selected cross sells just how safe are they? The answer is very safe. We have merchant accounts; we are rock solid in every way. We are focused on processing transactions for the Adult Internet Industry. We are not selling stock, merging, and divesting, changing business models. Focus + Experience = Success. We have it, we won?t lose it and you should applaud success, not hate it and try to slander our business reputation. But, I guess I need to remember that you have a hidden (although fairly transparent) agenda. Again, you must be making money by doing this marketing for iBill. And how close are they to the MC and Visa CB limits? Not close at all. However, remember that being too far away means we are declining too many cards. Also, try and remember this: Chargeback thresholds are numbers created to protect the card association brands. We have fewer chargebacks and returns in the Adult ?High Risk? Card Not Present marketplace than most brick and mortar stores. The only reason the thresholds are so low is because in the past, people running PPS Program and a billing company (i.e.; Having their own Merchant Account) could not do both effectively, or not in the ever-changing environment we are in. So the card associations came down on this industry and imposed stiff penalties to protect their brand. That is their right and we follow their rules, as long as they are fair. How close are they to receiving very large fines?' Again, not close. We are fully compliant and not under any fine program. Can iBill say the same? Maybe they can, ask them and then post the statement and attribute it to an individual with authority to make statements on their behalf. However those questions are for another thread and another time. Then why are you discussing them here? Oh teah, marketing?I'm not here to knock Paycom. BULLSHIT! That is exactly what you are here to do. Heck, I've got them up on my join page For now.
What I would like to discuss is the OTHER type of sites that were left out of yesterday's discussion.
- The type of site that treats their surfers the way they'd like to be treated.
-The type of site that is very upfront with their billing and has no surprises for the surfer.
- The type of site that under promises and over delivers.
So you believe that all of the PPS Programs that cross sell are not included in the above definition? You are an idiot!
We are that type of site (and there are many others). Twistys' chargeback rate is 0.19%. We have a support team that works around the clock to make sure our member's are happy and satisfied with their purchase. We do our best to make our member's happy any way we can. One example is when a long term member writes in with a problem or suggestion we automatically give them a free month. We believe in making our member's feel at home. If we treat them the right way they'll keep coming back to us.
As the owner of such a site we've had Merchant account on our minds for a long time. I'm sure we aren't the only ones. Just wanted to post to say we are looking forward to Ibill Direct US. :
I hope you get the account ? and fast. But in fairness to the readers here, you should let them know what your volume of sales are so that they can decide if you run a program of significant size and length to make you an ?authority?.
To Paycom?s clients you already know the truth, and to those of you considering using our systems and services, ask around about our company and our systems. Ask anyone including a competitor (remember iBill is no longer a competitor as they are no longer going to process as an HRIPSP). Our reputation and record stands tall and strong.
Our client call starts in a few, so I am off the boards. But in the meantime, Shap, Go Fuck Yourself.
C
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